What is To-Complete Performance Index (TCPI)?

The To-Complete Performance Index (TCPI) acts as a speedometer for the efficiency of your project. Assume you’re driving a car and are almost halfway to your destination. The TCPI indicates how efficiently you must drive for the remainder of the route in order to arrive at your destination on time. In project management, it is a formula that illustrates how successfully you must manage expenditures or resources in order to finish under budget. If your TCPI is 1.2, it suggests you’ll have to work faster than usual to keep inside your budget. It assists project managers in determining if they are on pace to fulfill budget targets and how much effort is required to do so.